BAKU, Sept. 20 (Xinhua) -- BP and the State Oil Company of Azerbaijan Republic (SOCAR) signed a memorandum of understanding (MOU) on Friday to formalize BP's intention of joining agreements for the exploration and development of two oil blocks in the Azerbaijani sector of the Caspian Sea,...
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State Oil Company of Azerbaijan.The article highlights the bond issued by the State Oil Company of Azerbaijan, which according to the bookrunner closed at 3 billion U.S. dollars with a bond size of one billion U.S. dollars and comes with a maturity of March 13, 2023....
In order to ensure the development of fuel-energy complex, to use of the oil resources of the country on the basis of the unified state policy, to improve the management structure of the oil industry, State Oil Company of Azerbaijan Republic was established by Decree No 200 of the President...
BAKU, Sept. 14 (Xinhua) -- Azerbaijan's state oil company SOCAR and British oil major BP on Thursday renewed their deal on development of Azerbaijan's biggest oilfield Azeri-Chirag-Gunashli (ACG) until 2050, local TREND News Agency reported. ...
Last year, the State Oil Company of Azerbaijan ( SOCAR ) and the BP signed a MOU ( Memorandum of Understanding ) to explore block D230 in the North Absheron basin in Azerbaijan ' s sector of the Caspian Sea .
BAKU, Sept. 22 (Xinhua) -- Azerbaijan agrees to freeze oil production "at a certain level" if oil producing countries make such a decision to limit output at an informal session scheduled for next week in Algiers, the State Oil Company of Azerbaijan (SOCAR) said here on Thursday. ...
The State Oil Company of the Azerbaijan Republic (SOCAR) is one of largest oil companies in the world. It is involved in exploring oil and gas fields, producing, processing, and transporting oil, gas, and gas condensate, marketing petroleum and petrochemical products in domestic and international...
The new contract will see the deal between British oil company BP and the State Oil Company of the Azerbaijan Republic (SOCAR) to develop the ex-Soviet state's biggest oilfield Azeri-Chirag-Gunashli (ACG) block extended to 2049. The original agreement, signed in 1994, was due to expire in...
Baku Higher Oil School (BHOS) – run by SOCAR, Azerbaijan’s state oil company – is to set up a Business Education for Engineers course in order to boost the numbers of homegrown engineers. The programme, which will be implemented using financial support from oil and gas giant BP, is de...